Transactive Energy Systems: Current Trends and Future Perspectives

As the power grid evolves with the integration of renewable energy sources and advanced communication technologies, Transactive Energy Systems (TES) emerge as a vital solution for managing the energy transition. This paper examines the key components, technologies, and market mechanisms driving TES implementation, focusing on distributed energy resources, smart grid advancements, and secure energy transactions. We also discuss the role of regulatory frameworks and policies, highlighting successful TES deployments and their benefits. Lastly, we explore future trends, challenges, and opportunities in scaling TES, aiming to foster a sustainable and robust energy future (As shown in Fig. 4).